Bitcoin BTC $22.000 Elliot Wave Triangle

Updated
Our last post on BTCUSD seems to have been spot on!

Bitcoin BTC USB on the 30 min chart shows a nice A-E contracting triangle pattern. If the pattern gets fullfilled then we might be heading to the 22K sooner than expected!

Be prepared and trade smart!
Trade closed: stop reached
Elliot Wave A-E pattern failed. Further downward movement possible to $17.450 level (top of Wave 1).

Good buy opportunity at the $17.450 level.
Trade active
'BTC Bitcoin just bounced off of the $17.450 level. Our preferred Elliot Wave wave count at the Minute degree is still valid.
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTTrend AnalysisWave Analysis

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